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The Rothschilds, Part 1 of 8. Control of Money and Gold.

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Uploaded on Sep 27, 2010

How Much Gold is There?

There is currently somewhere between 120,000 and 140,000 tons of gold in the world 'above ground'. To visualize this, imagine a single solid gold bullion cube with edges of about 19 meters. That's all that has ever been produced.

The value of that total is about $3.6 trillion. The US Gold Reserve is just over 8,000 tons - which is about 6% of the total gold ever mined.

75% of the world's gold is not available to governments - being held privately as jewelry, bullion and coin. In fact only about 30,000 tons [Other sources claim 40.000 tons and more. HighlightsRemixed], about 1% of the world's sovereign debt is what is held in central bank gold reserves.

About 30,000 tons of the world's gold [20-25% of above ground inventory] is held in central bank vaults. O

Major Central Bank Gold Reserves 2000 (Tons)
USA 8139
Germany 3469
IMF 3217
France 3025
Switzerland 2590
Italy 2452

The totals for other central banks tail off rapidly after these main holders. Most only hold a few hundred tons, and together they make up a bit over 30,000 tons in all.

The rest is held by individuals in the form of gold jewelry, approx 70,000 - 80,000 tons, and coin and privately held bullion, combined at 20,000 tons.

For the time being gold is still being mined and refined at the rate of almost 2,600 tons per year. 6 kg - A drinking can. 12 kg - A standard 400 oz bullion bar. 20 kg - One liter bottle. 10.000 kg - Half a cubic meter. 1.000.000 kg - A small living room. More than twice of Britain's gold reserve. 8.139.000 kg - US gold reserve. Fits into a town house, so Fort Knox is mostly empty space.
30.000.000 kg - World's total financial gold reserve (central banks and significant global financial institutions).
100.000.000 kg - Approximate total of all privately held jewelry, bullion and coins.
140.000.000 kg - All the gold in the world. A cubic block of 19 meters.

The world total of gold produced until now is approximately 119.000 tons.

If all the gold mined over the last 6,000 years were gathered and melted down, it would form a cube with sides of 19 meters.

Source: http://www.bullionmark.com.au/how-muc...

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